Convert Cape Verdean Escudo to Liberian Dollar
Please provide values below to convert Cape Verdean Escudo [CVE] to Liberian Dollar [LRD], or Convert Liberian Dollar to Cape Verdean Escudo.
How to Convert Cape Verdean Escudo to Liberian Dollar
1 CVE = 0.468804462006407 LRD
Example: convert 15 CVE to LRD:
15 CVE = 15 × 0.468804462006407 LRD = 7.0320669300961 LRD
Cape Verdean Escudo to Liberian Dollar Conversion Table
| Cape Verdean Escudo | Liberian Dollar |
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Cape Verdean Escudo
The Cape Verdean Escudo (CVE) is the official currency of Cape Verde, used for all monetary transactions within the country.
History/Origin
Introduced in 1914, the Escudo replaced the Cape Verdean real and has undergone various reforms, with the current version established in 1992 to stabilize the economy and modernize the currency system.
Current Use
The CVE is actively used as the legal tender in Cape Verde, with banknotes and coins circulating nationwide, and it is pegged to the Euro at a fixed rate for stability.
Liberian Dollar
The Liberian Dollar (LRD) is the official currency of Liberia, used for all monetary transactions within the country.
History/Origin
The Liberian Dollar was introduced in 1943, replacing the Liberian Pound, and has undergone various reforms to stabilize the economy and manage inflation.
Current Use
Today, the Liberian Dollar is widely used in Liberia for everyday transactions, with coins and banknotes issued by the Central Bank of Liberia.